Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698930605704.pdf (New Zealand)
Reprint as at 18 January 2018 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 (SR 2011/225) Anand Satyanand, Governor-General Order in Council At Wellington this 27th day of June 2011 Present: His Excellency the Governor-General in Council Pursuant to sections 14(d), 18(2)(f), 23(b), 27(2), 60(2)(c), and 153 of the Anti- Money Laundering and Countering Financing of Terrorism Act 2009, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, makes the following regulations.
Contents Title Commencement Interpretation Transitional, savings, and related provisions Page 2 2 2 2 1 2 3 3A Note Changes authorised by subpart 2 of Part 2 of the Legislation Act 2012 have been made in this official reprint.

Note 4 at the end of this reprint provides a list of the amendments incorporated.

These regulations are administered by the Ministry of Justice.
1 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Reprinted as at 18 January 2018 Standard customer due diligence Existing anonymous accounts: other circumstances Simplified customer due diligence [Revoked] Entities that are customers for purposes of section 18(1) of Act Enhanced customer due diligence [Revoked] Enhanced customer due diligence required for certain transactions requiring suspicious activity report Identity requirements: additional information about beneficiaries of trusts Identifying information prescribed in relation to wire transfers Details to be contained in written suspicious transaction report Prescribed form for annual report under section 60 of Act Prescribed form for formal warnings Schedule 1AA Transitional, savings, and related provisions Schedule 1 Details to be contained in suspicious transaction report Schedule 2 Annual AML/CFT report Schedule 3 Formal warning report Regulations 3 3 3 3 4 4 4 4 4 5 8 22 Title These regulations are the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011.
Commencement These regulations come into force on 30 June 2013.

Interpretation r 1 4 5 5A In these regulations, unless the context otherwise requires, Act means the Anti- Money Laundering and Countering Financing of Terrorism Act 2009.

3A Transitional, savings, and related provisions The transitional, savings, and related provisions set out in Schedule 1AA have effect according to their terms.
2 Reprinted as at 18 January 2018 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 r 6 Regulation 3A: inserted, on 18 January 2018, by regulation 4 of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2017 (LI 2017/302).
Standard customer due diligence 4 Existing anonymous accounts: other circumstances The only circumstances specified for the purposes of section 14(1)(d) of the Act are those specified in section 14(2) of the Act.

Regulation 4: replaced, on 18 January 2018, by regulation 5 of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2017 (LI 2017/302).
Simplified customer due diligence [Revoked] Heading: revoked, on 18 January 2018, by regulation 5 of the Anti-Money Laundering and Counter- ing Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2017 (LI 2017/302).

5 Entities that are customers for purposes of section 18(1) of Act The only entities that are customers for the purposes of section 18(1) of the Act are those specified in section 18(2) of the Act.
Regulation 5: replaced, on 18 January 2018, by regulation 5 of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2017 (LI 2017/302).

Enhanced customer due diligence [Revoked] Heading: revoked, on 18 January 2018, by regulation 5 of the Anti-Money Laundering and Counter- ing Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2017 (LI 2017/302).
5A Enhanced customer due diligence required for certain transactions requiring suspicious activity report The only circumstances specified for the purposes of section 22(1)(e) of the Act (which relates to prescribed circumstances where enhanced due diligence is required) are those set out in section 22A of the Act.
Regulation 5A: replaced, on 18 January 2018, by regulation 5 of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2017 (LI 2017/302).

6 Identity requirements: additional information about beneficiaries of trusts The only additional information required to be supplied by a reporting entity for the purposes of section 23(1)(b) of the Act is that specified in section 23(2) of the Act.
3 r 7 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Reprinted as at 18 January 2018 Regulation 6: replaced, on 18 January 2018, by regulation 5 of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2017 (LI 2017/302).
7 Identifying information prescribed in relation to wire transfers The only additional information referred to in section 27(1)(d) of the Act is the information specified in section 27A of the Act.

Regulation 7: replaced, on 18 January 2018, by regulation 5 of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2017 (LI 2017/302).
8 Details to be contained in written suspicious transaction report Every written suspicious transaction report under section 40 of the Act must contain the details set out in Schedule 1.

Regulation 8: replaced, on 30 June 2013, by regulation 6 of the Anti-Money Laundering and Coun- tering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2013 (SR 2013/232).
9 Prescribed form for annual report under section 60 of Act An annual report under section 60 of the Act must be in the form set out in Schedule 2.

Regulation 9: inserted, on 30 June 2013, by regulation 6 of the Anti-Money Laundering and Counter- ing Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2013 (SR 2013/232).

10 Prescribed form for formal warnings Every formal warning issued under section 80 of the Act must be in the form set out in Schedule 3.
Regulation 10: inserted, on 30 June 2013, by regulation 6 of the Anti-Money Laundering and Coun- tering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2013 (SR 2013/232).

Schedule 1AA Transitional, savings, and related provisions Schedule 1AA: inserted, on 18 January 2018, by regulation 8 of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2017 (LI 2017/302).
r 3A Form of annual report A reporting entity must— (a) complete its annual report for any annual period ending on or before 30 June 2018 in the form set out in Schedule 2(as it was before the com- mencement of regulation 10 of the Anti-Money Laundering and Coun- tering Financing of Terrorism (Requirements and Compliance) Amend- ment Regulations 2017); but 4 Reprinted as at 18 January 2018 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Schedule 1 (b) in relation to any subsequent annual report, complete it in the form (as appropriate) set out in either Schedule 2 or 2A(as inserted by regulation 10 of the Anti-Money Laundering and Countering Financing of Terror- ism (Requirements and Compliance) Amendment Regulations 2017).
Schedule 1 Details to be contained in suspicious transaction report Schedule 1: replaced, on 30 June 2013, by regulation 7 of the Anti-Money Laundering and Counter- ing Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2013 (SR 2013/232).
r 8 1 General: (a) (b) (c) (d) (e) (f) signature of person authorised by the reporting entity to sign the suspi- cious transaction report (the STR) (unless the report is forwarded by email or another similar means of communication): name of person authorised by the reporting entity to sign the STR: name of reporting entity: business address of reporting entity: name of the reporting entity’s AML/CFT supervisor: statement of the grounds on which the reporting entity holds the suspi- cions referred to in section 40(1)(b) of the Act.
2 For each transaction or proposed transaction: (a) branch or location where the transaction took place or was proposed to take place: (b) date and time of transaction or proposed transaction: (c) mode of transaction or proposed transaction (eg, in person, electronic): (d) (e) type of funds (eg, cash, cheque, securities, deposit, casino chip): amount of transaction in NZD.
3 For each customer conducting or seeking to conduct a transaction, or person acting on behalf of any such customer: (a) (b) (c) (d) (e) (f) (g) name: date of birth (if applicable): if not the customer, the person’s relationship to the customer: address or registered office: company identifier or registration number (if applicable): whether the customer is a politically exposed person: source of wealth or funds of customer (if applicable): 5 Schedule 1 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Reprinted as at 18 January 2018 (h) (i) details of any relevant documents or other evidence that may be used to verify the identity of the person and the person’s authority to act on be- half of the customer (if applicable): information on the proposed nature and purpose of the proposed busi- ness relationship between the reporting entity and customer (if applic- able).
4 Any beneficial owners of a customer (if applicable): (a) (b) (c) (d) (e) (f) name: date of birth: person’s relationship to the customer: address: whether the beneficial owner is a politically exposed person: details of any relevant documents or other evidence that may be used to verify the identity of a beneficial owner (if applicable).
5 Details for each customer that is a trust (if applicable): (a) (b) where the customer is a trust other than a trust specified in paragraph (b), the name and date of birth of each beneficiary of the trust: in relation to a discretionary trust, charitable trust, or trust with more than 10 beneficiaries, a description of each type or class of beneficiary: (c) the objects of any charitable trust.
6 Details of wire transfers (if applicable), information in paragraphs (a) to (c) is to be provided where reporting entity is the ordering institution: (a) if the transaction or proposed transaction is a domestic wire transfer or involves a domestic wire transfer, the originator’s account number or any other information that enables the transaction itself to be identified and traced to the originator: (b) if the transaction or proposed transaction is not a domestic wire trans- fer,— (i) (ii) (iii) (iv) originator’s full name: originator’s account number or other identifying information that is prescribed and that allows the transaction to be traced back to the originator: name of the beneficiary: beneficiary’s account number or the beneficiary’s unique transac- tion reference number: (v) country where the account is held: (c) one of the following: (i) originator’s physical address: 6 Reprinted as at 18 January 2018 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Schedule 1 (ii) (iii) (iv) originator’s national identity number: originator’s customer identification number: originator’s place and date of birth: (d) information to be provided where reporting entity is the beneficiary in- stitution: (i) (ii) beneficiary’s full name; and beneficiary’s date of birth; and (iii) beneficiary’s address.
7 For each account or arrangement involved in the transaction or proposed trans- action: (a) if operated by the reporting entity or another member of a designated business group (DBG): (i) (ii) type and identifying number of the account or arrangement: for each person in whose name the account or arrangement is op- erated, the name, date of birth, relationship to customer (if applic- able), address, and the company identifier or registration number (if applicable): (iii) name, date of birth, address, and relationship to customer of each signatory to the account or arrangement: (b) information on any other facilities involved in the transaction but not provided by the reporting entity or another member of a DBG.
7 Schedule 2 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Reprinted as at 18 January 2018 Schedule 2 Annual AML/CFT report Schedule 2: inserted, on 30 June 2013, by regulation 7 of the Anti-Money Laundering and Counter- ing Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2013 (SR 2013/232).

r 9 Form Annual AML/CFT report Part 1 Answer all questions in this Part.
1 Period of report 1.1 Period that this report covers: [specify] Note: This is the period referred to as “during the year” or “at the end of the year” by this form.
2 Contact details Entity registration details 2.1 The reporting entity’s legal name: Registered or company incorporation number (or equivalent): FSPR number (if applicable): Registered charity number (if applicable): Trading name(s): Physical address 2.2 Street name and number: Suburb/town: City: Postcode: Postal address (if different from physical address) 2.3 Street name and number or PO Box: Suburb/town: City: Postcode: Other contact details 2.4 AML/CFT compliance officer (full name): AML/CFT contact telephone number: 8 Reprinted as at 18 January 2018 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Schedule 2 AML/CFT contact email address (if available): Website (if available): 3 Organisation structure 3.1 Is this reporting entity a branch or a subsidiary?
Yes/No If yes, specify: [branch/subsidiary] 3.2 In what country is your largest owner based?

[country] 3.3 Number of physical locations in New Zealand (exclude agent’s office locations.

If none, record nil): [number/nil] 3.4 Number of New Zealand subsidiaries (or nil): [number/nil] 3.5 Number of physical locations outside New Zealand (or nil): [number/nil] 3.6 Number of subsidiaries outside New Zealand (or nil): [number/nil] Answer all relevant questions.
Part 2 Note: A member of a designated business group (DBG) can rely on another member to carry out some obligations on their behalf, as set out in section 32 of the Anti- Money Laundering and Countering Financing of Terrorism Act 2009 (the Act).

These include risk assessments and parts of an AML/CFT Programme.

If you are a member of a DBG you may allow another member to answer this Part on your behalf.

Howev- er, please note that you are responsible for the information provided.
If you are eli- gible, use the Notes in Part 6 of this form to state this, together with the legal name and registered number of the member answering this Part on your behalf.

Then leave this Part blank and go to Part 3.

You are required to answer all other parts of this form.

4 AML/CFT risk assessment 4.1 Does your risk assessment meet the requirements of section 58 of the Act?

Meets all/Meets some/Meets none* *Select one.


4.2 If your risk assessment meets only some of the requirements of section 58 of the Act, please list all subsections that it is not fully compliant with (eg, sec- tions 58(1), 58(2)(a)–(h), 58(3)(a)–(c)).

(Use commas to separate each entry.)

[list] 4.3 When was the most recent internal review of the risk assessment completed?

[date] 4.4 Has the risk assessment been independently audited?

Yes/No* *Select one.


9 Schedule 2 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Reprinted as at 18 January 2018 4.5 4.6 If yes to 4.4, when was the most recent audit of the risk assessment completed?

[date] If yes to 4.4, did the most recent audit of the risk assessment highlight any defi- ciencies?

Yes/No* *Select one.

4.7 If yes to 4.4 and 4.6, have you made the changes identified as being necessary in the most recent audit?
Yes, complete/Not yet complete* *Select one.

4.8 During the year, did you make available a new product, service, or channel?

Yes/No* *Select one.

4.9 If yes to 4.8, before making this product, service, or channel available, did you assess the ML/TF risk?

Yes/No* *Select one.

5 AML/CFT programme 5.1 Does your AML/CFT programme meet the requirements of section 57 of the Act?

Meets all/Meets some/Meets none* *Select one.


5.2 If your AML/CFT programme meets only some of the requirements of section 57 of the Act, please list all paragraphs that it is not fully compliant with.

Use commas to separate each entry: [list relevant paragraphs from section 57(a) to (l)] 5.3 When was the most recent internal review of the programme completed?

[date] 5.4 Has the programme been independently audited?

Yes/No* *Select one.


If yes to 5.4, when was the most recent audit of the programme completed?

[date] If yes to 5.4, did the most recent audit of the programme highlight any defi- ciencies?

Yes/No* *Select one.

5.5 5.6 10 Reprinted as at 18 January 2018 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Schedule 2 5.7 If yes to 5.4 and 5.6, have you made the changes identified as being necessary in the most recent audit?
Yes, complete/Not yet complete* *Select one.

5.8 Do you have procedures to identify and verify the identity of— (a) a new customer (including the customer’s beneficial owners or any per- son acting on behalf of a customer)?

Yes/No* *Select one.

(b) a person seeking to conduct an occasional transaction through your re- porting entity?

Yes/No* *Select one.


(c) an existing customer, according to the level of risk involved, if there has been a material change in the nature or purpose of the business relation- ship and your reporting entity considers that it has insufficient informa- tion about the customer?

Yes/No* *Select one.

5.9 Do you have exception handling procedures for issues related to customer due diligence (CDD) (eg, clause 4 of the Amended Identity Verification Code of Practice 2013)?

Yes/No* *Select one.


5.10 Outside a DBG, do you outsource any CDD requirements to third parties (as set out in sections 32 to 34 of the Act)?

Yes/No* *Select one.

5.11 Are your reporting entity’s AML/CFT transaction monitoring and account monitoring processes best described as electronic, manual, or a combination of both?

Electronic/Manual/Electronic and Manual* *Select one.

Answer all questions in this Part.


Part 3 11 Schedule 2 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Reprinted as at 18 January 2018 6 6.1 6.2 Products and services Estimate the value and number of all transactions settled by your reporting en- tity during the year.
Add the number of receipts and payments together, record the total number, and repeat for value— Gross number of transactions: [number] Gross value of transactions (NZD): $[amount] If your reporting entity offers the products and services listed in the table be- low, enter “yes” and estimate the proportion of annual revenue of your business during the year: Yes/No Estimate percent of annual revenue of your business (%) Products and services Domestic Domestic account and deposit taking services Domestic lending (excluding residential mortgages and motor vehicle finance) Residential mortgage lending Motor vehicle finance Debt instrument/bonds Finance and leasing Government/specialist finance and leasing Domestic wire transfer/electronic funds transfer services International International wire transfer/electronic funds transfer services International mobile telephone transfer services Forex trading and multi-currency and foreign currency accounts Foreign currency/money exchange services Issuing travellers cheques and bearer negotiable instruments Cashing travellers cheques and bearer negotiable instruments International correspondent banking Trade finance and related bonds/ guarantees, forfeiting, and export/import finance Trust and company service providers (TCSPs) Company formation Trust formation Provider of office services (including registered address, virtual office, Reprinted as at 18 January 2018 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Schedule 2 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 Products and services serviced offices, and phone/mail forwarding) Nominee director/company secretary services/partner services Nominee shareholder services Professional trustee services Service provision Debt collection Factoring services Cash transport or courier services Safe deposit boxes, cash storage Payroll remittance services Securities registry duties and other fiduciary duties
 associated with securities/debt issuance Cash and card services Credit cards (as card issuer only) Credit cards (all other roles) Card merchant facilities Cash transactions (excluding ATM withdrawals, foreign currency) Stored value instruments/cards Investing Sharebroking Derivatives trading Issuing derivatives, including derivatives or futures contracts, contracts for difference (CFDs), margin foreign exchange, forward foreign exchange contracts, and rolling spot contracts Providing a brokers’ cash management account Providing other brokering services Funds management and administration of superannuation and KiwiSaver funds Funds management and administration of retail and wholesale funds, including— (a) (b) unit trusts, PIE, hedge funds, option funds, commodity funds, fund of funds, foreign unit trusts, group investment funds, collective investment schemes, and listed investment trusts: property investment schemes, land investment products, property syndicates, forestry syndicates, listed property trusts, Yes/No Estimate percent of annual revenue of your business (%) 13 Schedule 2 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Reprinted as at 18 January 2018 Estimate percent of annual revenue of your business (%) Products and services Yes/No unlisted property trusts, and real estate investment trusts: venture capital and private equity funds: exchange traded funds (ETFs): all other funds (list these types in the notes section in Part 6) (c) (d) (e) 41 42 43 44 45 Discretionary investment management services (including class and personalised) Financial advice or financial planning Custodian services Issuing debt securities (including investment grade bonds, below investment grade bonds, warrants, perpetual or subordinated debt, structured debt issues (such as collateralised debt obligations (CDOs) and mortgage backed securities), and capital guaranteed and capital protected investments) Issuing equity
 securities (including ordinary and preference shares, and private equity) Supervisory activities 46 46A Treasury functions (including services 49 47 48 provided between related entities) Operating a financial product market Peer-to-peer lending services 46B 46C 46D Crowd funding services Life insurance Term life insurance Permanent (whole life, universal, limited-pay, endowment, accidental death) Other life-related products and services associated with annuities, surrender options, etc) Reinsurance associated with life insurance Casinos Conducting electronic international money transfers in Conducting electronic international money transfers out Conducting electronic domestic money transfers in 50 53 51 52 14 Reprinted as at 18 January 2018 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Schedule 2 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 Products and services Conducting electronic domestic money transfers out Foreign currency exchange in (including travellers cheques and cash) Foreign currency exchange out Cash take from table games (including chip purchase vouchers) Cash take from electronic gaming machines (including tickets/tokens) Do you have foreign holding accounts?
If yes, specify number [number] Do you have domestic casino operating accounts?

If yes, specify number and locations [number, locations] Do you have cheque cashing facilities?

If yes, specify number during the year and average value [number, average value] Do you offer stored value instruments?

(do not include casino chips) If yes, what sort of stored value instrument is it?

[describe] What estimated percentage of your gambling activity utilises stored value instruments?
Debit/credit card facilities out (exclude food and beverage purchases) Cheque in Cheque out Other Loyalty schemes provided, e-cash, and virtual credit provided Auction house Online auctions Other relevant products/services (and list these in notes in Part 6, together with estimates) Total Yes/No Estimate percent of annual revenue of your business (%) n/a n/a n/a n/a 100 7 7.1 Customers/members Estimate the number of customers your reporting entity had a business relation- ship with during the year: [number] 7.2 How many customers (question 7.1 above) are classified as politically exposed persons (PEP)?
(Include your customers that are beneficially owned, con- trolled by, or for the benefit of a PEP.)

[number] 15 Schedule 2 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Reprinted as at 18 January 2018 7.3 How many customers (question 7.1 above) are a trust or another vehicle for holding personal assets?

[number] 7.4 How many customers (refer question 7.1 above) are non-residents?
[number] 7.5 Estimate, as at the end of the reporting period, the percentages of the following types of customers: Types of customer New Zealand resident individuals Non-resident individuals New Zealand resident entities (including companies, partnerships, trusts, charities, and incorporated/ unincorporated entities) Non-resident entities (including companies, partnerships, trusts, charities, and incorporated/ unincorporated entities) Overseas government bodies (or similar) Other (and list these types in the notes section in Part 6) Total Channels Estimate percentages as at end of the year for: (%) 100 % 1 2 Estimate the proportion of your new customers who were accepted via the fol- lowing methods during the year: Methods of acceptance Face-to-face (over the counter, other than intermediaries) Non face-to-face (including electronic, telephone, post, and all other types of remote access—other than intermediaries) Domestic intermediaries/agents/third-party referral (exclude your reporting entity’s employees) Overseas intermediaries/agents/third-party referral (exclude your reporting entity’s employees) Other (list these other methods of acceptance in the notes section in Part 6) Total 100 4 3 5 8 8.1 Answer all questions from your relevant AML/CFT supervisor, which is — Part 4 • • • 9 the Reserve Bank of New Zealand; or the Department of Internal Affairs; or the Financial Markets Authority.
Questions from Reserve Bank of New Zealand Institutions that your reporting entity deals with 9.1 For this section,— 16 Reprinted as at 18 January 2018 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Schedule 2 (a) (b) (c) count the number of relationships you have, according to the 4 types sta- ted in the table in question 9.2; and use your own country risk assessment document to categorise these rela- tionships into the 3 categories stated in the table in question 9.2; and record the version and date of your country risk assessment in the notes to Part 6.
9.2 Count your relationships with all entities for the purpose of establishing ac- counts, authenticating instructions, and providing payment or other clearing-re- lated services and provide the results in the following table: Lower-risk or medium-risk countries Higher-risk countries Other/unknown- risk countries RB 1 Correspondent banking relationships (cross- border only) RB 2 Other respondents (including partial-SWIFT key/RMA, telex and all alternative and non- electronic channels) (domestic and cross- border) RB 3 Relationships where there is a written agreement (ie, lending syndication, card payment programme, mobile banking, etc) RB 4 Other relationships relevant to the delivery of products and services Transactions 9.3 Using your answers to the question in 6, estimate the gross value and number of transactions settled during the year for the following (add all receipts and re- cord the total): Number Value ($) RB 5 Domestic (New Zealand) RB 6 receipts and payments International receipts and payments 10 Questions from Financial Markets Authority 10.1 Identify the sub-sector(s) that your reporting entity belongs to: issuer of secur- ities/licensed supervisors/fund managers/brokers and custodians/financial ad- visers/derivative issuers/DIMS providers/peer-to-peer lenders/equity crowd funding service providers/other (specify in the notes section in Part 6)* *Select all that are relevant.
17 Schedule 2 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Reprinted as at 18 January 2018 10.2 Refer to your previous answer to question 7.4 (“how many of your total cus- tomers are non-resident customers?”).
List the top 5 countries (high to low in descending order) according to where the largest numbers of your non-resident customers are: [list] 11 Questions from Department of Internal Affairs Money remittance and mobile phone remittance 11.1 Name the 3 countries your business receives the most transactions from, and estimate the average monthly number of inward transactions: Name of country Average monthly number of transactions ($) 1 2 3 11.2 Name the 3 countries your business sends the most transactions to, and esti- mate the average monthly number of outward transactions: Name of country Average monthly number of transactions ($) 1 2 3 11.3 Do you provide the following payment methods?
If yes, estimate the average monthly value of all transactions settled during the year (Enter nil or value): Total monthly average (NZD$) Monthly $ average as an ordering institution n/a n/a Monthly $ average as a beneficiary institution n/a n/a Monthly $ average as an intermediary institution n/a n/a Cash Bearer negotiable instruments Domestic wire transfers/ electronic funds transfers Foreign wire transfers/ electronic funds transfers Trust and company service providers (TCSPs) 11.4 Estimate the total number of clients currently on your books: [number] 11.5 State the number of full-time-equivalent staff you employ: [number] 11.6 Do you incorporate companies or form any type of entity/trust in overseas jur- isdictions (outside New Zealand)?
Yes/No* 18 Reprinted as at 18 January 2018 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Schedule 2 *Select one.

If Yes, list all countries: [list] 11.7 Do you handle the receipt and transmission of client money?

Yes/No* *Select one.

11.8 Do you manage clients’ bank accounts?

Yes/No* *Select one.


11.9 For your clients that are corporations with shares in bearer form, do your policies provide for maintaining the physical control of those bearer shares to ensure that ownership of the corporate entity does not change without your knowledge?

Yes/No* *Select one.


Providers of safe deposit boxes 11.10 Estimate the total number of safe deposit boxes you currently have in use: [number] 11.11 Estimate the average number of times these boxes are accessed each month: [number] Part 5 12 Conditions of ministerial exemption 12.1 Have you been granted any ministerial exemption that is subject to conditions?

Yes/No* *Select one.

12.2 Please provide a description of your compliance with all conditions on any such exemption.
Answer all questions Your notes here: [notes] Declaration and signature Part 6 I confirm that I have the authority to submit this report on behalf of the reporting enti- ty.

I have reviewed the answers and information and I confirm that I am satisfied that, to the best of my knowledge, after undertaking all reasonable inquiries, all answers are true and correct.
19 Schedule 2 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Reprinted as at 18 January 2018 A reminder: “A person commits an offence if, without reasonable excuse, the person provides information to an AML/CFT supervisor knowing that information to be false or misleading in any material respect”.

(See section 103 of the Act.)


Date signed: Signature: Full name: Position/Job title: Schedule 2 form: amended, on 15 July 2016, by regulation 4(2) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).

Schedule 2 form: amended, on 15 July 2016, by regulation 4(3)(a) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).
Schedule 2 form: amended, on 15 July 2016, by regulation 4(3)(b) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).

Schedule 2 form: amended, on 15 July 2016, by regulation 4(4) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).
Schedule 2 form: amended, on 15 July 2016, by regulation 4(5) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).

Schedule 2 form: amended, on 15 July 2016, by regulation 4(6) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).
Schedule 2 form: amended, on 15 July 2016, by regulation 4(7) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).

Schedule 2 form: amended, on 15 July 2016, by regulation 4(8) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).
Schedule 2 form: amended, on 15 July 2016, by regulation 4(9) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).

Schedule 2 form: amended, on 15 July 2016, by regulation 4(10) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).
Schedule 2 form: amended, on 15 July 2016, by regulation 4(11) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).

Schedule 2 form: amended, on 15 July 2016, by regulation 4(12) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).
Schedule 2 form: amended, on 15 July 2016, by regulation 4(13) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).
20 Reprinted as at 18 January 2018 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Schedule 2 Schedule 2 form: amended, on 15 July 2016, by regulation 4(14) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).
Schedule 2 form: amended, on 15 July 2016, by regulation 4(15) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).

Schedule 2 form: amended, on 15 July 2016, by regulation 4(16) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).
Schedule 2 form: amended, on 15 July 2016, by regulation 4(17) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).

Schedule 2 form: amended, on 15 July 2016, by regulation 4(18) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).
Schedule 2 form: amended, on 15 July 2016, by regulation 4(19) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).

Schedule 2 form: amended, on 15 July 2016, by regulation 4(20) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).
Schedule 2 form: amended, on 15 July 2016, by regulation 4(21) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).

Schedule 2 form: amended, on 15 July 2016, by regulation 4(22) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).
Schedule 2 form: amended, on 15 July 2016, by regulation 4(23) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).

Schedule 2 form: amended, on 15 July 2016, by regulation 4(24) of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125).
21 Schedule 3 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Reprinted as at 18 January 2018 Schedule 3 Formal warning report Schedule 3: inserted, on 30 June 2013, by regulation 7 of the Anti-Money Laundering and Counter- ing Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2013 (SR 2013/232).
r 10 Form Formal warning report [Date] To [name and address of person or reporting entity] Formal warning for purposes of section 80 of Anti-Money Laundering and Countering Financing of Terrorism Act 2009 We have reasonable grounds to believe that you have engaged in conduct that consti- tutes a civil liability act under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (the Act).

You are required to comply with your obligations under the Act at all times.
Details of the conduct are as follows: [Specify details of events or actions that occurred, including dates or time periods.]

[Specify relevant sections of the Act or regulations.]

The following action(s) are required to ensure compliance with the Act: [Specify details of action required—eg, cease action, take steps, etc.

Also time period for action to be taken.]


If you continue to engage in conduct that constitutes a civil liability act, or you do not take the actions required, civil or criminal enforcement action may be taken under the Act.
This may result in (but is not limited to) the imposition of— • • civil penalties of up to $200,000, in the case of an individual, and $2 million, in the case of a body corporate; and criminal penalties of imprisonment for up to two years or a fine of up to $300,000, in the case of an individual, and $5 million, in the case of a body corporate.
Please note that issuing this formal warning notice to you does not affect the [relevant AML/CFT supervisor’s] ability to consider or impose other appropriate sanctions under the Act.

If you believe the facts as stated in this notice are incorrect or incomplete, please con- tact us by [date].
Signature: 22 Reprinted as at 18 January 2018 Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Schedule 3 [Name of officer from relevant AML/CFT supervisor] [Name of relevant AML/CFT supervisor] Issued under the authority of the Legislation Act 2012.

Date of notification in Gazette: 30 June 2011.

Rebecca Kitteridge, Clerk of the Executive Council.
23 Notes Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 Reprinted as at 18 January 2018 Reprints notes 1 General This is a reprint of the Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Regulations 2011 that incorporates all the amendments to those regulations as at the date of the last amendment to them.
2 Legal status Reprints are presumed to correctly state, as at the date of the reprint, the law enacted by the principal enactment and by any amendments to that enactment.

Section 18 of the Legislation Act 2012 provides that this reprint, published in electronic form, has the status of an official version under section 17 of that Act.

A printed version of the reprint produced directly from this official elec- tronic version also has official status.
3 Editorial and format changes Editorial and format changes to reprints are made using the powers under sec- tions 24 to 26 of the Legislation Act 2012.

See also http://www.pco.parlia- ment.govt.nz/editorial-conventions/.
4 Amendments incorporated in this reprint Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2017 (LI 2017/302) Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2016 (LI 2016/125) Anti-Money Laundering and Countering Financing of Terrorism (Requirements and Compliance) Amendment Regulations 2013 (SR 2013/232) Wellington, New Zealand: Published under the authority of the New Zealand Government—2018 24